Bock Mortgage Group

Michael Bock and Theresa NeSmith

  • Company NMLS #2504921
  • Home
  • About
    • About Us
    • Privacy Policy
  • Blog
  • Resources
    • Connect With Our Commercial Loan Expert
    • First Time Buyer Tips
    • First Time Seller Tips
    • Loan Checklist
    • Home Appraisal
    • Home Inspection
    • Loan Programs
    • Loan Process
    • Mortgage FAQ
    • Mortgage Glossary
    • What to Expect at a Loan Closing: A Step-by-Step Guide
  • Reviews
    • Read Reviews
    • Leave a Review
  • Apply
  • Contact

Team Mortgage Mikes February 16, 2022

Eliminate These 5 Barriers To Saving For Your Down Payment This Month!

Saving Up: 5 Barriers to Saving Money That You Can Eliminate in Just One MonthWith all the expenses that go into monthly living and the temptations that come along with life, saving money for the down payment on your new home can be quite a struggle for many people. If you’re having a hard time saving and are wondering what you can do to ensure a higher bank balance next month, here are a few things that may pose a risk to getting the home of your dreams.

Forgetting To Take Lunch

One of the things most likely to defeat your bank balance is the daily office trip to the deli or diner. Instead of opting for an easy but expensive $10.00 lunch, take a few minutes at the end of each day to put together a sandwich or salad so you don’t have to spend extra funds on your lunch break.

Relying On Cable Television

With all the available options for streaming services, many people are switching out their packages for something a lot more economical. Cable can easily add up to $100.00 a month to your expenses, but a streaming service may only be a fraction of the cost and will provide savings you’ll soon notice.

Splurging On Morning Coffee

Grabbing the familiar cup of joe on the way to the office is certainly a way to ease yourself into the day, but one coffee can add up to a huge expense by the end of the month. If this is a vice you crave, try taking your own coffee to work and opt for a treat once a week if you really can’t resist.

Impulse Buys At The Grocery Store

Food certainly counts as a necessity, but there are many things that end up in the grocery cart at the end of a shopping trip that aren’t really staple items. If your cart is filling up with chips and chocolate, you might want to stick to your list or review your cart before the final purchase.

Avoiding Your Budget

Unless you’re taking to a spreadsheet to balance out your expenses and earnings, you may not see any significant savings at the end of each month. Budgeting will give you a better idea of what you can and can’t afford consistently, so make sure you’re writing everything down.

The idea of cutting back on spending is rarely a popular one, but there are things you can do every day that will make for a better bank balance at the end of the month. If you’re looking for more tips on buying your own home, contact your trusted mortgage professional today!

Filed Under: Mortgage Tips Tagged With: Down Payment, Financial Planning, Home Purchase

Looking for something?

Michael and Theresa Bock

Contact Us


Michael Bock
Mortgage Loan Originator

CALL 727-457-6498


Michael NMLS #1749855
Theresa NMLS #1996065

Bock Mortgage Group

CONNECT WITH OUR COMMERCIAL LOAN EXPERT

CLICK HERE  

Sign Up to Receive Our Articles in Your Inbox!

No spam ever and you can unsubscribe anytime.

APPLY NOW  
GET A RATE QUOTE

Connect with Us!

Categories

Michael Bock | NMLS #1749855
Theresa Bock | NMLS #1996065
Licensed Mortgage Loan Originators
Bock Mortgage Group LLC. | NMLS# 2504921

• To view our NMLS Filings, CLICK HERE
• Click Here to Read Important Disclosures

Florida · Clearwater, FL · Pinellas County, FL · Brandon, FL · Pasco, FL · Saint Petersburg, FL · Wesley Chapel, FL · Riverview, FL · Tampa, FL

Equal Housing Opp

Previous Posts

Connect with Us!

3660 Erindale Dr.
Valrico, FL 33596

Return to top of page

Copyright © 2025 Bock Mortgage Group. All rights reserved.   Log In